Leaders in Commercial Real Estate for Maryland’s Eastern Shore and the Delmarva Peninsula

Henry Hanna Sells Bank-Owned Property

NOVEMBER 2013, SALISBURY, MD – Henry Hanna, CCIM, SIOR, Senior Advisor with Sperry Van Ness – Miller Commercial Real Estate in Salisbury, MD is pleased to announce the sale of 1237 North Salisbury Blvd, a Bank-Owned 8,775 square foot retail building on Rt. 13 in Salisbury, MD. The .70 acre facility has a traffic count of over 32,000 vehicles per day due to its prime location. It sold for $200,000 to a user with plans to redevelop it for office use.

This is just one of several bank-owned or distressed sales facilitated by SVN-Miller Advisors in 2013. Hanna states, “We generated four contract offers before finally settling with this purchaser. It’s a successful sale for the bank and the new owner.” For more information about other available properties on the Eastern Shore of Maryland, contact Henry Hanna, CCIM, SIOR at henry.hanna@svn.com or 410-543-2440.

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